Platinum Wave Analysis – 21 August 2026

Platinum: ⬆️ Buy

– Platinum broke resistance zone

– Likely to rise to resistance level 2000.00

Platinum recently broke the resistance zone between the resistance level 1835.00 (which has been reversing the price from June), resistance trendline from March and the 61.8% Fibonacci correction of the downward impulse from June.

The breakout of this resistance zone accelerated the active intermediate impulse wave (3).

Platinum can be expected to rise further to the next round resistance level 2000.00 – former top of wave 2 from the start of June – and the target for the completion of the active wave 3.